HTA 402 Midterm: Sample 1 Mid term Win2011.pdf
9 Dec 2013
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The balance sheet account balances of the imago inn at the end of january 2009 are as follows: Required: prepare the balance sheet on the template provided, in accordance with the. Uniform system of accounts for the lodging industry. Note: your answer must be in good format and written on the template provided. Any rough work should be done in your examination booklet. The following information is supplied to you for the year ended december 31, 2008: 25 the honolulu inn (hi) has two major operated departments- The hi invested ,000 on july 1, 2008 in government of canada. The funds were invested at an annual interest rate of 3%. The beginning and ending inventories of food were ,000 and ,000, respectively. Food consumed by the food and rooms department employees during the year (free of charge) totaled ,200 and , respectivley.
